So I've tried this as well to great effect. I can see objective positive benefits in my life when I stop consuming news all together. I've considered going this route and "taking a break" permanently.

I feel sort of guilty doing that though, like I'm being a bad citizen by not being informed about what is happening in the world.

I've also tried just batching it down to one day with the current news sites I visit but I found it surprisingly difficult to understand the context of what was happening based on the news of that day.

Ideally I'd like to have my cake and eat it too. Only spend a little time per week or month reading the news but be as informed as someone who was consuming the slow trickle of the same news every day throughout the month.